Healthcare administration platform Laudio introduced that Houston-based Memorial Hermann Health System has joined its Collection B funding spherical as a strategic investor and can implement its administrative workflows to drive worker effectivity and engagement.
Laudio’s AI-enabled platform supplies healthcare administration personnel with suggestions on partaking with their staff to cut back burnout and worker turnover. It additionally automates repetitive work.
The nonprofit well being system additionally grew to become a strategic investor within the firm, becoming a member of Laudio’s $13 million Series B raise.
“We’re at all times on the lookout for new methods to additional have interaction our staff and make them really feel higher supported. The distinctive challenges of latest years have solely heightened the necessity for innovation on this space,” Dr. Feby Abraham, govt vp and chief technique officer for Memorial Hermann, stated in a press release. “This expertise aligns with our deal with using cutting-edge digital instruments to assist system-wide enhancements.”
THE LARGER TREND
In 2019, Laudio raised $7.3 million in Series A funding to develop its platform.
Two years later, the corporate announced that Tufts Medical Middle, Novant Health and UNC Health would make the most of its choices of their healthcare techniques.
In July, the administration platform announced partnerships with well being techniques Northwell Well being, New York’s largest healthcare supplier and personal employer, and Nebraska Drugs, which consists of two hospitals, Nebraska Medical Middle and Bellevue Medical Middle, in addition to 70 specialty and first care clinics.
One other firm that gives a care-management platform for care professionals is Canada-based Practice Better, a platform for well being and wellness practitioners. The corporate scored a $27 million growth investment in April.
